16 Lake Victoria Road, Eagle Point VIC 3878
This property is Off Market
- The Average property price in this area is $595,270, this is based on recent transactions.
- Internet speed Download 50 Mbps / Upload 20 Mbps
- Distance to the coast 11.15 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Potential Land Contamination risk
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
About Paynesville
With an average age of 60, households expect an average monthly mortgage payment of $1,603 or a weekly rent payment of $320. The average family earns a weekly income of $1,489 with a typical household size of 2.3 and a 99.43% employment rate.
Consistent high demand relative to supply is a key feature in Eagle Point driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Eagle Point due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Eagle Point changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Lower than average population density constrains growth in Eagle Point to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. With very low industrial sector presence in Eagle Point the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
Public Transport
Bairnsdale
Raymond Island Ferry
General Points of Interest
Bairnsdale Golf Club
Bioluminescence Algae
War Memorial
Beaufort Gardens - RAAF Memorial
War memorial gate
Clarkeville Model Steam Railway
Raymond Island Primary School (1902-1912, 1914-1934)
Bairnsdale Rowing Club
Bairnsdale Racecourse
Population
(Country of Birth not stated 5%)
Are people healthy?
There are a recorded 953 asthma sufferers and 648 people living with diabetes. In addition, 613 people have a heart/vascular condition and 1146 people live with three or more chronic diseases.A good place to invest in property?
Paynesville a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
Victoria State average 44 / 100
Income
32 / 100
52 / 100
Industry
05 / 100
17 / 100
Population
14 / 100
32 / 100
House Prices
85 / 100
70 / 100
Jobs
22 / 100
34 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsEagle Point Primary School Bairnsdale Secondary College
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East Gippsland Specialist School
Bairnsdale, VIC, 3875 State U -
Eagle Point Primary School
Eagle Point, VIC, 3878 State Prep-6 -
Nagle College
Bairnsdale, VIC, 3875 Independent 7-12 -
Bairnsdale Primary School
Bairnsdale, VIC, 3875 State Prep-6 -
Lucknow Primary School
Bairnsdale, VIC, 3875 State Prep-6 -
Paynesville Primary School
Paynesville, VIC, 3880 State Prep-6 -
Wild Cherry School
Bairnsdale, VIC, 3875 Independent Prep-6 -
Bairnsdale West Primary School
Bairnsdale, VIC, 3875 State Prep-6 -
St Mary's School
Bairnsdale, VIC, 3875 Independent Prep-6 -
Bairnsdale Secondary College
Bairnsdale, VIC, 3875 State 7-12
Property Story
16 Lake Victoria Road, Eagle Point, Vic, 3878 is a residential property . The estimated distance to the sea is 11.15km and 0.21KM to vegatation considered to be a factor in bushfire risk.Local Developments
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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